Underground Electric Railways Company of London (UERL) Board Minute Book 5

Minutes only. Subjects include: 3226 - Minutes of UERL Board meeting held 6 November 1924. 3227 - Apologies for absence. 3228 – London Traffic Act: Frank Pick to be representative on Advisory Committee. London General Company not to make changes in fares. 3229 – Parliamentary Bill 1925 not to be introduced into Parliament by Metropolitan District and London Electric Railway (LER). 3230 – Death of Right Honourable E S Montagu. 3231 – Leave of absence for the Right Honourable Sir R S Horne granted. 3232 – Election of the Right Honourable Lord Newton as Director. 3233 - Provisional monthly results. 3234 - Cash statement. 3235 – Loan of £600,000 from National Provincial Bank. 3236 - Capital statement. 3237 - Traffic receipts. 3238 – New works: report of progress by the LER and the City and South London Railway (C&SL). 3239 - Documents sealed. 3240 – Lost coupon off 6% income bond.

Minutes only. Subjects include: 3067 - Minutes of UERL Board meeting held 6 November 1923. 3068 – Apologies for absence. 3069 – Recommendations approved from Standing Joint Committee: tramways to be given freehand to deal with omnibus competition. 3070 – London General Omnibus Company (LGOC) programme: recommendations of Standing Joint Committee approved. 3071 – LGOC and British Automobile Traction Company: negotiations regarding replacement of omnibuses. 3072 – Renewal of loan of £600,000 from the National Provincial and Union Bank of England. 3073 – Moneys received from issue of London Electric (LER) and City and South London Railway C&SL) companies second debenture to be placed on deposit. 3074 – Report of Stores Committee and brochure on “Competition in urban transport.” 3075 - Financial statements: traffic receipts. 3076 – Provisional financial statements. 3077 - Cash statement. 3078 - Capital statement. 3079 - Engineering: cause of explosion causing subsidence on C&SL not known. 3080 – Rolling stock for C&SL Railway: delivery commenced. 3081 – Parliamentary: introduction of three bills. 3082 – Wimbledon and Sutton Railway Company: receipt of formal notice of takeover. 3083 – Watford and Edgware Railway: payment of expenses. 3084 - Registration work: seal affixed to share certificates.

Minutes only. Subjects include: 3251 - Minutes of UERL Board meeting held 8 January 1925. 3252 - Cash statement. 3253 - Capital statement. 3254 - Traffic receipts: despite objections, Ministry of Transport has made an order restricting traffic on certain streets. 3255 – Wages programme presented and strikes in operation. 3256 - New works London Electric Railway (LER), and City and South London Railway (C& SLR: report of progress. 3257 - Documents sealed. 3258 – Operating results of all companies. 3259 – Preliminary statement to the press relating to dividends: communication to be made to Stock Exchange and to the press. 3260 – Dates of future meetings.

Minutes only. Subjects include: 3278 – Minutes of UERL Board and Annual held 5 March 1925. 3279 – Apologies for absence. 3280 – Directors’ diary 1925-1926: cost of production. 3281 – Provisional monthly results. 3282 - Cash statement. 3283 – Loan from National Provincial Bank: continuation of loan and further loan for purchase of shares. 3284 - Capital statement. 3285 - Traffic receipts. 3286 – Agreement between the London General Omnibus Company (LGOC) and Transport and General Workers Union (TGWU). 3287 – Parliamentary: opposition to the LCC (Tramways and Improvements) Bill. 3288 – Documents sealed. 3289 – Lost coupon off 6% income bonds: value to be paid by cheque.

Minutes only. Subjects include: 3185 - Minutes of UERL Board meeting held 5 June 1924. 3186 - Apologies for absence. 3187 – Purchase of omnibus undertaking at Ware: services of Harvey and Burroughs to be retained for two years. 3188 – City and South London Railway (C&SL), Morden extension and supply of current: agreement with London Electric Supply Corporation. 3189 - London Traffic Bill. 3190 – Retainer to income tax expert: Sir Ernest Clark. 3191 - Cash statement. 3192 - Capital statement. 3193 – Interim accounts to 30 June 1924 and auditors’ certificate. 3194 - 6% first cumulative income debenture stock and 6% income bonds: payment of interest. 3195 - Traffic receipts. 3196 - Parliamentary: Central London and Metropolitan District Railway Companies Bill passed. 3197 - Documents sealed. 3198 – Dates of future meetings.

Minutes only. Subjects include: 3342 - Minutes of UERL Board meeting held 5 November 1925. 3343 – Associated Equipment Company (AEC): committee to be appointed to consider building. 3344 – Provisional monthly results. 3345 - Cash statement. 3346 - Loan of £600,000 from National Provincial Bank: extension of loan. 3347 - Capital statement. 3348 - Traffic receipts. 3349 – Bills in Parliament: three bills require attention. 3350 – Documents sealed. 3351 - Lost coupons off 6% income bond: value to be paid by cheque.

Minutes only. Subjects include: 3031 - Minutes of UERL Board meeting held 3 July, 5 July and 26 September 1923. 3032 – Election of Right Honourable Sir R S Horne as Director. 3033 – Death of Sir Henry Babbington Smith. 3034 – Approval of renewal of loan of £600,000 from bankers. 3035 – Agreement between the City and South London Railway Company (C&SL) and Southern Railway Company regarding C&SLR Bill. 3036 - Agreement between the UERL and the Southern Railway Company regarding Wimbledon and Sutton Railway. 3037 – London Electric Railway (LER) and C&SLR Extensions Trade Facilities Act Advisory Committee: draft letter to be sent. 3038 - Visit of Mr Reeve and Mr Hunt to Japan and the East: development of Associated Equipment Company (AEC). 3039 – Closing of the C&SL on Sundays from 14 October. 3040 - Financial statements: traffic receipts. 3041 – Provisional financial statements. 3042 - Cash statement. 3043 - Capital statement. 3044 - Engineering: railway extensions. 3045 – Documents sealed. 3046 - Registration work: seal affixed to share certificates. 3047 – Lost coupons off 4½% bonds and 6% income bonds. 3048 – New works: inspection visit of C&SL and LER.

Minutes only. Subjects include: 3174 - Minutes of UERL Board meeting held 6 May 1924. 3175 - Apologies for absence. 3176 – Strike of employees of common fund companies: cause. 3177 – Time of joint board meeting. 3178 - London Traffic Bill: third reading in House of Commons. 3179 - Provisional financial statement: bad results due to bad weather. 3180 - Cash statement. 3181 – Renewal of loan of £600,000 from National Provincial Bank. 3182 - Capital statement. 3182a - Traffic receipts. 3183 – Parliamentary: progress of the Central London and Metropolitan District Railway Companies Bill. 3184 - Documents sealed.

Minutes only. Subjects include: 3333 - Minutes of UERL Board meeting held 1 October 1925. 3334 – The Right Honourable Lord George Hamilton: leave of absence granted due to ill health. 3335 – Associated Equipment Company (AEC): reorganisation of factory and links to Daimler Company. 3336 – Provisional monthly results. 3337 - Cash statement. 3338 - Capital statement. 3339 - Traffic receipts. 3340 – Documents sealed. 3341 – Dates of future meetings.

Minutes only. Subjects include: 3261- Draft report, balance sheet and revenue account/ 3262 – 6% first cumulative income debenture stock and 6% income bonds: interest to be paid and payment to be advertised in newspapers in London and Paris.

Minutes only. Subjects include: 3120 - Minutes of UERL Board meetings held 5, 7 and 21 February, 1924. 3121 - Apologies for absence. 3122 – Election of Chairman: Right Honourable Lord Ashfield. 3123 - Election of Deputy Chairman for the ensuing year: H A Vernet. 3124 – Traffic Bill for London: effect on staff matters. 3125 – Head Office building: change of name to 55 Broadway. 3126 – Resignation of H E Blain as Assistant Managing Director. 3127 – Central London Railway (CLR) ordinary, preferred ordinary and deferred ordinary stocks: opportunity offered to exchange holdings. 3128 – Finance: provisional financial statement. 3129 - Capital statement. 3130 - Cash statement. 3131 – London General Omnibus Company (LGOC): additional capital from creation and issue of Ordinary Shares. 3132 – Renewal of loan of £600,000 from National Provincial Bank: loan to be renewed. 3133 - Traffic and operation: traffic receipts. 3134 – Documents sealed. 3135 – Report of proceedings at annual meeting: expenditure authorised for reporting in newspapers.

Minutes only. Subjects include: 3015 – Minutes of UERL Board meeting held 5 June 1923. 3016 – London General Omnibus Company (LGOC): action on new shares deferred. 3017 – Income tax appeal: solicitors instructed to draw up new case. 3018 – Capital expenditure of operating companies: careful consideration due to heavy commitments. 3019 - Financial statements: traffic receipts. 3020 – Provisional financial statements. 3021 – Cash statement. 3022 – Capital statement. 3023 – Engineering: completion of Brent station and progress on other stations. 3024 - Staff matters: reduction to cost of living, and savings made by reductions in rates of pay. 3025 - Registration work: seal affixed to share certificates. 3026 – Special Board meeting to be held to consider payment of dividend on income bonds. 3027 – Date of next meeting.

Minutes only. Subjects include: 2989 – Minutes of UERL Board meeting held 10 April 1923. 2990 – Election of E S Montagu as Director. 2991 – Finance operating companies and loans from bankers. 2992 – Financial statements: traffic receipts. 2993 – Provisional financial statements. 2994 – Cash statement. 2995 – Capital statement. 2996 – Engineering: subsidence in southbound tunnel of the City and South London Railway (C&SL) north of Stockwell station. 2997 – Staff matters: railway shopmen’s wages. 2998 – Authority to seal document. 2999 – Registration work: seal affixed to share certificates. 3000 – Lost coupons: 6% income bonds.

Minutes only. Subjects include: 3113 – Operating results of all companies. 3114 – Preliminary notice to the press relating to dividends: communication to the Stock Exchange and the press. 3115 – London General Omnibus Company (LGOC) and Associated Equipment Company (AEC): a committee to be appointed to discuss relations between the two companies.

Minutes only. Subjects include: 3157 - Minutes of UERL Board meeting held 1 April 1924. 3158 – Special Business, London General Omnibus Company (LGOC) additional debenture stock. 3159 – Sale by LGOC of war stock 1929-1947. 3160 – Central London Railway (CLR) ordinary stocks: result of offer to unassented holders. 3161 – Tramways pooling agreements: Metropolitan Electric Tramways (MET) - arrangements for traffic facilities for British Empire Exhibition. 3162 – Railway extensions north of Finsbury Park: enquiry made to London and North Eastern Railway (LNER). 3163 – Reorganisation: F Pick to replace H E Blain, reorganisation of stores departments and staff welfare: committee to be formed. 3164 – London Traffic Bill. 3165 - Provisional financial statements. 3166 - Capital statement. 3167 - Cash statement. 3168 – Renewal of loan of £600,000 from National Provincial Bank. 3169 – Application for 50,000 shares of £10 each in the LGOC. 3170 – General affairs: parliamentary opposition to proposed use of Earls Court grounds. 3171 - Construction: progress on new works. 3172 – Documents sealed. 3173 – Lost coupons off 4½% bonds and 6% income bonds.

Minutes only. Subjects include: 3028 – Interim accounts to 30 June 1923 and auditors’ certificate. 3029 – 6% first cumulative income debenture stock and 6% income bonds: interest to be paid.

Minutes only. Subjects include: 3290 - Minutes of UERL Board meeting held 2 April 1925. 3291 – Apologies for absence. 3292 – Death of Sir William Acworth. 3293 – London United Tramways (LUT) and Metropolitan Electric Tramways (MET) – Directorate: Mr Vernet elected. 3294 – Traffic position – criticism in press and approval of unions. 3295 – Provisional monthly results. 3296 - Cash statement. 3297 - Capital statement. 3298 - Traffic receipts. 3299 – Negotiations with London County Council and West Ham Corporation regarding Parliamentary bills. 3300 – Documents sealed. 3301 - Lost coupon off 6% income bonds: value to be paid by cheque.

Minutes only. Subjects include: 3136 - Minutes of UERL Board and Annual held 6 March 1924. 3137 - Apologies for absence. 3138 – Strike of omnibus and tramway employees: settlement achieved. 3139 - Central London Railway (CLR): amount of stocks tendered for transfer. 3140 - London General Omnibus Company (LGOC) additional borrowing powers. 3141 – Provisional financial statements. 3142 - Capital statement. 3143 - Cash statement. 3144 – London Electric (LER) and City and South London Railway (C&SL) Companies special deposit account with Midland Bank expiring. 3145 – Loan from National Provincial Bank: prospect of rate of interest to be increased. 3146 - Central London and Metropolitan District Railway Companies Bill, Session 1924 unopposed. 3147 – London United Tramways Bill, Session 1924 withdrawn. 3148 – London County Council (LCC) (Tramways and Improvements) Bill, Session 1924, provisions struck out. 3149 – Croydon Corporation Bill, Session 1924: amendment restricts proposals. 3150 – “Genial” Omnibus: interim injunction against the proprietor now dropped. 3151 – Construction: progress on new works. 3152 – NS type omnibuses: delivery. 3153 - Traffic receipts. 3154 – Omnibus competition: their number and number of proprietors. 3155 – Miscellaneous: documents sealed. 3156 – Lost coupons off 6% income bonds.

Minutes only. Subjects include: 3241 - Minutes of UERL Board meeting held 4 December 1924. 3242 - Provisional monthly results: November results better than anticipated. 3243 - Cash statement. 3244 - Capital statement. 3245 - Traffic receipts. 3246 – Parliamentary: steps to be taken to protect the interests of the Common Fund Companies with reference to numerous bills in Parliament. 3247 - New works. London Electric Railway (LER) and City and South London Railway (C&SLR): report of progress. 3248 - Documents sealed. 3249 – Conversion of LER shares into stock. 3250 – Fees salaries and expenses.

Minutes only. Subjects include: 3215 - Minutes of UERL Board meeting held 9 October 1924. 3216 - Apologies for absence. 3217 – Transfer of undertaking of Wimbledon and Sutton Railway to the Southern Railway Company: transfer of the books and papers. 3218 - Provisional financial statement. 3219 - Cash statement. 3220 - Capital statement. 3221 - Traffic receipts. 3222 - London Electric, Metropolitan District, City and South London and Central London (Fares) Act 1920 due to expire: pre-war scale of charges to be reverted to. 3223 - New works: report of progress by the London Electric Railway (LER) and the City and South London Railway (C&SL). 3224 - Documents sealed. 3225 – Dates of future meetings.

Underground Electric Railways of London (UERL) Board Minute book 5

Minutes only. Subjects include: 3085 - Minutes of UERL Board meeting held 4 December 1923. 3086 – Leave of absence granted for the Right Honourable R J Horne and the Right Honourable E J Montagu. 3087 – Directorate of Common Fund Companies: Field Marshall Sir William Robertson to be appointed. 3088 – Organisation of Common Fund and tramway companies: reorganisation of headquarters. 3089 - Financial statements: traffic receipts. 3090 – Provisional financial statements. 3091 - Cash statement. 3092 - Capital statement. 3093 - Engineering: part of new office building nearing completion. 3094 - Report on progress of new works. 3095 – Wage increases due to increase in cost of living. 3096 – Award of National Wages Board not to be adopted. 3097 – General provisions of Workmen’s Compensation Act 1923. 3098 – Documents sealed. 3099 – Sealing of documents: uniform practice for procedures regarding Sealing of documents and custody of keys of the seal. 3100 – Competitive omnibuses – number and number of proprietors.

Minutes only. Subjects include: 3030 – London Electric Railway (LER) Act 1923 and City and South London Railway (C&SLR) Act 1923: negotiations to begin with Trade Facilities Act Advisory Committee.

Minutes only. Subjects include: 3101 - Minutes of UERL Board meeting held 8 January 1924. 3102 – Apologies for absence. 3103 – Leave of absence granted. 3104 – Scheme of Organisation. 3105 – Moneys received from recent issues of second debenture stock. . 3106 – Finance: capital statement. 3107 - Cash statement. 3108 –Opening of railway from Moorgate to Hendon, subsidence in Newington Causeway and new garages. 3109 – Traffic and operation: traffic receipts. 3110 – Omnibus competition – number of omnibuses and number of proprietors. 3111 - Documents sealed. 3112 – Dates of future meetings.

Minutes only. Subjects include: 3324 – Minutes of UERL Board meeting held 2 July 1925. 3325 – Apologies for absence. 3326 – Provisional monthly results. 3327 - Cash statement. 3328 – Loan from National Provincial Bank: extension of loan agreed. 3329 - Capital statement. 3330 - Traffic receipts: signs of improvement. 3331 – Documents sealed. 3332 - Lost coupon off 6% income bond: value to be paid by cheque.

Minutes only. Subjects include: 3263 - Minutes of UERL Board meetings held 5 and 19 February 1925. 3264 – Election of Chairman for ensuing year: Right Honourable Lord Ashfield. 3265 - Election of Deputy Chairman for ensuing year: H A Vernet. 3266 – Election of the Right Honourable Lord Newton as Director. 3267 - Election of the Right Honourable Earl of Bessborough as Director to replace the late E S Montagu. 3268 – London Traffic Act: requirement to withdraw omnibuses due to street congestion. 3269 – Metropolitan Electric Tramways (MET) sale of shares. 3270 – Loan of £600,000 from National Provincial Bank: renewal and extension of loan and terms of interest. 3271 – Provisional monthly results. 3272 - Cash statement. 3273 – Watford and Edgware Railway – expenses. 3274 - Capital statement. 3275 - Traffic receipts. 3276 – Documents sealed. 3277 – Report of proceedings at annual meeting in newspapers: expenditure authorised.

Minutes only. Subjects include: 3049 - Minutes of UERL Board meeting held 2 October 1923. 3050 – Metropolitan Electric Tramways (MET) strike of drivers and conductors. 3051 – Traffic Bill: government proposals being watched. 3052 – Recommendations from Standing Joint Committee: no steps to be taken to extend Fares Act. 3053 – Bill in Parliament for session 1924 for Metropolitan District Railway (MDR) and Central London Railway (CLR). 3054 - London General Omnibus Company (LGOC) Tramways Pooling Agreement. 3055 – Central London Railway (CLR) guaranteed assented stocks and Sir H A Lawrence to be proposed for election as Director. 3056 – Income tax appeal withdrawn on advice of solicitors. 3057 – Satisfactory result of recent issue of second debenture stock by the London Electric (LER) and City and South London Railway (C&SL) Companies. 3058 - Financial statements: traffic receipts. 3059 – Provisional financial statements. 3060 - Cash statement. 3061 - Capital statement. 3062 - Engineering: opening of the extension of the LER: Golders Green to Hendon. 3063 – Documents sealed. 3064 - Registration work: seal affixed to share certificates. 3065 – Lost coupons off 6% income bonds. 3066 – Date and time of board meetings in 1924.